Legins
- 31 Oct 2003 11:01
ticker
- 28 Jan 2004 13:31
- 100 of 279
I have also topped up a few days ago but my average price paid is still 18p, got in when it was at its peak a few months ago. Am looking forward to the day whent he share price really takes off. :0)
ticker
- 03 Feb 2004 18:06
- 101 of 279
Saw this article posted in another thread and thought may be ECK holders might find it an interesting read.
Five tech stocks that could deliver in 2004
Published: 08:10 Mon 2 Feb 2004
By Richard Lander, Editorial Director
Email to a friend | Printable Version
Picking some technology winners for 2004 is a far tougher job than finding those for 2003, but here are five companies that should have bigger things up their sleeve this year.
Our five technology tips for 2003 gained an average 78% in twelve months and several others that we selected in the middle to end of 2002 have done even better.
However, we have been warning for some time that valuations appeared to be running ahead of actual company results, and as we stand at this early stage of 2004, it looks highly unlikely that we will see anything like the levels of return available last year.
One veteran technology analyst, Richard Holway of Ovum, reckons we are likely to see a correction in technology stock valuations half way through this year, and his forecast for growth in the tech sector over the next decade is a very modest 5% a year. However, he does concede that there are still some good individual companies that should offer opportunities for greater returns.
The five tech companies we think could still do well this year are; Pipex Communications, Intec Telecom, Systems Union, Eckoh and, still speculative at this stage, Superscape.
* PIPEX (PXC) is an alternative telecoms company that has been rapidly built by taking advantage of a unique moment in history. The former GX Networks reversed into AIM-listed Zipcom and bought up several small companies that had invested millions of pounds of dotcom-era money in infrastructure only to burn through their cash before they could realise a return on their investment. Pipex's management has an aggressive strategy of cutting costs and leaving itself with the valuable infrastructure.
The company made an audacious 55 million acquisition of profitable internet service provider Pipex in October 2003 and has just produced its first profits before goodwill amortisation. It looks as though there could be more acquisitions in the pipeline, and the business now has the feel of one that could become a far larger player and a serious alternative telecoms operator to the UK business community.
The shares are currently at 10.5p, valuing the company at 187 million. This prices the business at 26 times this year's forecast earnings. While this may not be exactly cheap, you would be buying in to the distinct possibility that Pipex could become a much bigger player in the next 18-24 months.
* INTEC TELECOM (ITL) provides billing and operational systems software for telecoms companies. Its interconnect billing software enables operators to bill each other for calls carried across their networks and its mediation software gathers all of the necessary data from the telecoms switch to feed into systems such as billing and security. The company has had to scale down its expectations during the severe telecoms downturn, but has still managed to sign significant new business and turned in revenues for the year to September 2003 up 7% at 59.7 million with pre-tax profit before write-offs of 5.4 million from 2.2 million last time.
At 71.5p with a market capitalisation of 187 million the shares trade on a rating of 28 times next year's estimates. So at first glance it looks pretty fully valued. However, there are plenty of fund managers who seem to think that analysts are still being overly cautious on their earnings estimates in general, and that therefore there is scope for upgrades if the economic recovery shows signs of longevity. The punt on Intec is that for the type of software it provides to the type of global customers that it services, 148 million is still a pretty insignificant size with plenty of scope for upside.
* ECKOH TECHNOLOGIES (ECK) has spent the past couple of years incubating its new speech recognition technology, aimed at further automating call centre and interactive voice applications. The company has a deal with BT, under which BT hosts the system, and, hopefully, brings in some blue chip customers. Eckoh's bread and butter business is interactive voice response (IVR), and it recently announced a win with ITV to provide the voting, polling and interactive services used on programmes such as This Morning, CITV, Ant and Dec's Saturday Night Takeaway, Trisha and The Vault. (continued...)
The company saw turnover for the half year to September down slightly at 25.7 million, although continuing operations were up slightly. Operating losses were reduced to 1 million from 7.4 million and net losses down to 1.3 million from 9.4 million. The IVR business is profitable, but it is the new speech business that has yet to break even.
At 16.5p (38.6 million market cap), the company is valued at 18.2 times next year's forecasts, but a couple more large wins for the speech software could significantly transform the company.
* SYSTEMS UNION (SUG) is the developer of Sun Systems and Pegasus accounting software chaired by serial entrepreneur Bob Morton. It ran into trouble a few years ago when, known as Freecom at the time, it made a disastrous acquisition of ecommerce company Oneview, for which it had to write off a massive 100 million.
* SUPERSCAPE (SPS) has been promising jam to investors for so long now that many have given up and walked away. Citywire has followed the company for several years, and now reckons that if 2004/5 is not Superscape's year, nothing will be.
The developer of real-time three-dimensional graphic software originally designed for virtual reality on a PC finally found the perfect market for its technology in the mobile phone space, and particularly for the next generation of mobile phones. The company effectively re-wrote its software for wireless, and in the past couple of years signed a deal with chip designer ARM to embed the software into ARM's mobile phone chips. Significant deals with handset manufacturers and content providers have started to flood in but as yet we have not seen any effects of these on revenues or profits. The last published results in October showed turnover for six months to July of just 94,000 down from 510,000 the previous year with losses down 26% to 3.7 million. However this did not include any revenues from the wireless business.
Since the start of this year the company has announced licence deals with two further brand owners. But there is still a problem with Superscape. Citywire has been talking about its jam tomorrow story for a couple of years now. Research analysts have clearly been driven away from the stock, and even house broker Evolution Beeson Gregory has not written on the stock since September, at which time it was still expecting a 5.4 million loss for the year just closing.
ARM has taken a 12% stake in Superscape and also put substantial research and marketing effort into the deal. There are some very large names being announced as licence partners, and Superscape could be on the cusp of becoming a major supplier of both software and content (sophisticated 3D games in particular) to the mobile industry. If that were to happen, its 34p share price and 42 million valuation could look very cheap in a couple of years time. But we are still waiting to see the money roll in.
Legins
- 06 Feb 2004 12:34
- 102 of 279
What is happening to streaming prices - I can't believe my eyes bid/offer 45 - 55p - is this real?
ticker
- 13 Feb 2004 10:41
- 103 of 279
I must have missed it Legins.
There seems to be alot of people buying into this stock today. Do you think there is something in the pipeline? I have been such a faithful holder, and am hoping for a good return :)
Legins
- 15 Mar 2004 08:21
- 104 of 279
Might we begin to see some upside in the share price now and see new highs?
Eckoh Technologies PLC
15 March 2004
15 March 2004
Eckoh Partners with Celador International to Launch the
Who Wants To Be A Millionaire? Telephone Game
Eckoh Technologies (Eckoh), Europe's leading speech applications service
provider, has teamed up with Celador International to create a telephone version
of the hit TV programme Who Wants To Be A Millionaire?
Fans of the show can now play their favourite game from any telephone 24 hours a
day with guaranteed prize money available of over 100,000 in cash.
The product has been designed for syndication to telecom operators, media owners
and other distributors and is available exclusively through Eckoh. The game will
also be promoted on the Who Wants To Be A Millionaire? TV show from Saturday
13th March ,.
The game launched to the public on Saturday 21st February and will be available
for 3 months. To play the game participants call a premium rate number 09064 72
72 72 (charged at 60p per minute) where they are greeted by the voice of Chris
Tarrant. They face a maximum of 10 multiple-choice questions which they answer
by pressing the relevant number on their keypad as quickly as possible, and just
like the TV game they have the opportunity to use three familiar Lifelines if
they face difficulty.
The questions are tiered into three levels and each day there are cash prizes
awarded to the fastest players who progress through the levels in the shortest
time. Answering the first three questions correctly in the fastest time wins
100, the first six questions 200, and answering all 10 in the fastest time
wins 300
In addition, a weekly prize of 1,000 is on offer to the fastest overall player
whilst the person identified as the quickest to answer 10 questions correctly at
the end of the tournament will walk-away with 50,000!
Chris Tarrant said, 'The new Telephone Game is a fantastic way for Millionaire
fans to play from home, and what better incentive to get those fingers dialling
than 50,000 in cash!'
Nik Philpot, Chief Operating Officer of Eckoh, commented, 'This is such a great
project to have been involved in as Who Wants To Be A Millionaire? is the
biggest global TV game show brand. We had to make sure that we translated the
same quality experience that people get from viewing the show onto the
telephone, and we feel that we've done that exceptionally well. The reaction
from promoters and players alike has been fantastic'
- ENDS -
ticker
- 15 Mar 2004 10:34
- 105 of 279
Are you still in this Legins? Unfortunately, I gave up on it a few weeks back. It has generated a large loss for me in the end.
News came out this morning but the price went down. Wonder why??
deadfred
- 15 Mar 2004 15:16
- 106 of 279
another new contract lookin good for 2004
Prophet
- 16 Mar 2004 21:39
- 107 of 279
I think the millionaire game sounds pretty weak. I'm still holding but the share price is well and truly stuck. We need some real news of significance.
Legins
- 17 Mar 2004 00:31
- 108 of 279
Hi ticker, yes I'm still in. I bought in again in the trough just prior to Eckoh's news announcement of their contract win with ITV commencing 1st March. You only need to see the 3 month chart to see the MM's reaction which has been to tree shake and perhaps gather stock to fill large institutional buy orders. My judgement may well have back fired as prolonging -ve ecconomic news on the $, Dow, Nasdaq front has dragged down global market sentiment in general and together with recent terrorist atrocities in Madrid any good news flowing out of companies is just getting buried.
Taking an overall picture on fundamentals together with the +ve flow of contract news since last interims and significant increases in revenues that should bring next results well into profit(year end 31st March - Finals will be out in early June) IMHO Eckoh's share price should have surged. May have to wait untill a little closer to finals before my patience is rewarded.
chris
- 17 Mar 2004 07:39
- 109 of 279
chris
- 17 Mar 2004 07:44
- 110 of 279
Hi All I'm new to this game, I also hold some shares in ECK. I wonder if anyone else have noticed that in many cases buys are recorded as sells because it's below the mid market price. On two occasions I've bought shares and it's been recorded as sells together with other purchases at the same price. Makes things very confusing.
Legins
- 03 Aug 2004 19:07
- 111 of 279
At last some very positive news for Eckoh Technologies that should see a significant revenue stream for the company!
Eckoh Technologies PLC
03 August 2004
For Immediate Release Tuesday 3 August 2004
Eckoh Technologies selected as primary partner to
supply interactive services to Trinity Mirror
Eckoh Technologies plc ('Eckoh'), one of Europe's leading speech application
service providers, today announced it has been appointed, with immediate effect,
by Trinity Mirror, the UK's biggest newspaper publisher, as the primary partner
to supply its interactive services in the UK.
As well as national newspapers such as the Daily Mirror, the Sunday Mirror and
The People, Trinity Mirror also publishes some 240 regional and local titles.
Eckoh will provide a range of services to Trinity Mirror including competitions,
votelines, games, dating and astrology using IVR, SMS, MMS and the Web. The
services were previously operated by Arrow Interactive, Trinity Mirror's
in-house operation.
Martin Turner, Chief Executive Officer for Eckoh, commented:
'UK newspapers are now increasingly using interactive services as a means of
developing a deeper relationship with their customers and Trinity Mirror has
been, and remains, one of the leaders in this fast developing technology.
'We will be working closely with Trinity Mirror to continue developing services
which engage readers and grow revenues for the Group's titles.'
Matt Brittin, Commercial Development Director for Trinity Mirror, said:
'We have been reviewing the future of our interactive services for some time and
saw an opportunity to enjoy improved services, more innovation and better
returns by working with a small number of market-leading players.
'Eckoh are leaders in the field of interactive service development and have the
capacity to handle the volume of traffic that a group like Trinity Mirror
generates.'
Mack1705
- 15 Sep 2004 16:58
- 112 of 279
double bottom forming or is it just another step down ECK's slippery staircase?
Mack1705
- 16 Sep 2004 14:49
- 113 of 279
well the final leg is pointing upwards, just hope we breach 9.5p soon!
Mack1705
- 16 Sep 2004 16:06
- 114 of 279
wonder when ECK will begin to announce "new deals" from their new/prospects pipeline!
from the AGM statement back in June 2004
Outlook
The new financial year has started well, with the group trading in line with our expectations. In particular, our recent announcements of substantial speech contracts with UGC and the London Stock Exchange and the launch of a
self-service solution for Vue (Warner Village Cinemas) are very exciting
developments, and serve to further validate our strategy in this area.
Moving forward, we have a strong pipeline of new and prospective business and
believe that this will continue to fill as major corporations appreciate the
significant benefits that advanced speech recognition and self-service
applications can bring to their customer contact strategies.
willfagg
- 16 Sep 2004 23:30
- 115 of 279
They need to announce new contracts. They are near my loss limit . It will be a shame to bail out as I think they have a good product.As your note says June was three monthas ago, if they are not winning a major contract every couple of mnths they are not going to get their revenue satream flying are they?Will hang in there for the moment
Mack1705
- 17 Sep 2004 11:22
- 116 of 279
Will
looking at the RNS announcements I can only see the Trinity Mirror deal in the last 3 months, and while it seems to be a 'big contract' and will have a positive effect on eps, I agree we need to see a much more regular flow of new contracts to get the share price moving....
having said that looking at the 2002 and 2003 chart for this share, September seems to be historically the low point and by December has put on 50%/100%....I wouldn't be unhappy at history repeating itself at these levels!
willfagg
- 17 Sep 2004 11:46
- 117 of 279
im with you on that one!
Mack1705
- 17 Sep 2004 14:52
- 118 of 279
very nice 500,000 buy at 7.9p
might just set the bottom on this share?
jfletendre
- 18 Sep 2004 16:09
- 119 of 279